Fawry
Acquisition Fintech

Fawry Acquires Minority Stake in Social Commerce Platform Brimore

Fawry, the Egyptian e-payments solutions and banking services provider, has acquired a minority stake in Brimore, a social commerce platform

Infibranches
Fintech Funding Investment Renewable Energy

Infibranches, a Nigerian Fintech Startup Serving Solar Firms Raises $2m Funding From All On

Infibranches, a Nigerian fintech startup serving solar firm, has raised a $2 million investment from Shell-backed investment company, All On

Finclusion Group
Fintech Funding Investment

African Fintech Platform, Finclusion Group Raises $20m in Funding From Lendable

Finclusion Group, an African fintech platform, has secured US$20million in a funding round with leading fintech debt financing provider, Lendable.

Fintech Funding Investment Venture Capital

Egypt-based Microloan Solutions Provider Kashat Closes $1.75m Funding Round

Kashat, an Egyptian microloan solutions provider, has closed $1.75 million funding round. The bridge round was led by the Launch

Bamboo
Fintech Investment Regulation

Court Temporarily Unfreezes Bamboo Accounts to Allow Startup Pay Salaries, Rent

A federal high court sitting in Abuja has ordered that the accounts of Bamboo Systems Technology Limited and Bamboo Systems

Prospa
Fintech Funding Investment Venture Capital

Nigerian Fintech Startup, Prospa Raises $3.8m Pre-seed Investment

Prospa, a Y Combinator-backed Nigerian fintech startup, has raised a $3.8 million pre-seed investment from venture funds including Global Founders

MNT-Halan
Fintech Funding Investment Venture Capital

Egyptian Fintech Startup, MNT-Halan Raises $120m Funding From Global Investors

MNT-Halan, Egypt’s leading fintech ecosystem, announced today that it has raised around US$120 million in investment from major global and

M-Pesa
Apps Fintech Payment

African Fintech Firm, M-Pesa Hits 50m Monthly Active Customers

M-Pesa has reached 50 million monthly active customers, cementing its position as Africa’s largest fintech platform. Launched more than 14

Pezesha
Fintech Funding Investment Venture Capital

Pezesha Raises Seven-figure Seed Extension from GreenHouse Capital to Fuel Expansion

Pezesha, a pan-African fintech company building scalable lending infrastructure for SMEs and institutions, today announced the close of a seven-figure

Wave
Fintech Funding Investment Venture Capital

Senegal-based Wave Becomes Francophone Africa 1st Unicorn After Raising $200m Funding

Wave, the U.S., and Senegal-based mobile money startup, has become the first unicorn in francophone Africa after raising $200 million